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president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. another thing to keep in mind is that president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in technology stocks and much else that created surpluses in the latter half of the clinton presidency. it's a more complicated picture. definitely there are folks who want tax increases but let's not gloss over president obama is talking about way higher taxes than we saw during the clinton era on the high earners. >> that's true. when you talk about capital gains. all right. want to talk about a party going on tonight. james, pretty good. there is a party going on, jack kemp foundation is having a party and marco rubio is speaking. paul ryan is speaking. they both wan
president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. another thing to keep in mind is that president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in...
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it would be a hillary clinton/david petraeus ticket. but i think that's kind of -- you know. >> we have to rewrite half of it. >> yes, well, although i mean -- we don't even need to go there. >> the hillary, what i've heard, is that the people who are in the financial end of hillary's campaign have been alerted that they got planning to do. some of them are also andrew cuomo fund-raisers and they are alert that there is planning they need to do. some of them are pretty conflicted. that's the best that i have on what she's thinking. >> i've talk to some of the fundraisers and they are planning. i think she is going to run. she is exhausted now. she'll take a couple -- she may not know she is going to run although i suspect she kind of does. she will take a couple years. and at this point she would be a very, very formidable candidate. depending on what happens over the next four years. mario cuomo used to say between now and then, a pope will be born which means, who the hell knows what's going to happen? the second obama term could be a
it would be a hillary clinton/david petraeus ticket. but i think that's kind of -- you know. >> we have to rewrite half of it. >> yes, well, although i mean -- we don't even need to go there. >> the hillary, what i've heard, is that the people who are in the financial end of hillary's campaign have been alerted that they got planning to do. some of them are also andrew cuomo fund-raisers and they are alert that there is planning they need to do. some of them are pretty...
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and a quick note on hillary clinton, a new abc news "washington post" poll shows if she decides to run for president in 2016, she's already got a leg up. 57% of people say they would support her. not a bad start. we're back after the break. stay with us. exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. of sununu, you're wrong. mitt romney, you're wrong. we need more teachers, not fewer teachers and more cops and more firefighters that support our >> announcer: ladies and gentlemen, it's "the stephanie miller show." ♪ i'm walkin' on sunshine ♪ ♪ i'm walkin' on sunshine ♪ ♪ and it's time to feel good ♪ ♪ hey, all righ
and a quick note on hillary clinton, a new abc news "washington post" poll shows if she decides to run for president in 2016, she's already got a leg up. 57% of people say they would support her. not a bad start. we're back after the break. stay with us. exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are...
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my first choice is hillary clinton. i think she's the front-runner amongst the colleagues i've talked to. dozens of my colleagues since the election. she's a front-runner. i think you give her about six months. >> jennifer: that's exactly what i said today. six months. then we start -- although yesterday when she was writing the note to the losers in new york, i was saying that, to me, is a great sign she is, in fact, on the path to running. >> well, bill clinton was the most valuable player out there. >> jennifer: absolutely. >> for the obama/biden campaign other than the two principles on the ticket. of course, every governor, every senator, every member of congress who was elected is also a super delegate who will choose the next president. >> jennifer: i don't see how the force -- the force the inexorable pull of this from those who support her and those who love her is just going to be too great. she needs to go to a spa. she needs to take a relaxing -- take a break. do the exercises. what she wants to do. but six
my first choice is hillary clinton. i think she's the front-runner amongst the colleagues i've talked to. dozens of my colleagues since the election. she's a front-runner. i think you give her about six months. >> jennifer: that's exactly what i said today. six months. then we start -- although yesterday when she was writing the note to the losers in new york, i was saying that, to me, is a great sign she is, in fact, on the path to running. >> well, bill clinton was the most...
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we have good news for hillary clinton. if she decides to run for president in 2016, 57% of those polled by abc news and the washington post said they would support clinton. 37% said they would not support her candidacy. in addition -- in addition, the poll shows an overwhelming majority of women surveyed 66% would back her. only 47% of men would, roland. >> she wants some rest. she's been traveling four years. give her two years. my god! >> you just never know. >> she wants to rest for two years. my goodness. >> when she's done with the nap or whatever, the vacation or the spa -- >> can we get to the inauguration before we go to the '16? >> i vote for that. >>> doctors and lawyers have to take tests before they can start practicing. what about people who educate our kids? we'll talk to aft, american federation of teachers president, randi weingarten, for teachers to take bar-like exams. and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003
we have good news for hillary clinton. if she decides to run for president in 2016, 57% of those polled by abc news and the washington post said they would support clinton. 37% said they would not support her candidacy. in addition -- in addition, the poll shows an overwhelming majority of women surveyed 66% would back her. only 47% of men would, roland. >> she wants some rest. she's been traveling four years. give her two years. my god! >> you just never know. >> she wants to...
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that's how it worked in the clinton years. that's how every deal we've gotten with the president has worked. that's how this deal will work. >> you're not going to get a majority of the majority unless there's significant cuts. the president needs to understand john boehner is the best -- the best negotiating partner he's going to ever have. and he's got to also understand conservatives, you know, i've been talking about republicans improving their brand, being more cooperative. i wouldn't vote for a deal to raise taxes in a million years. unless there were significant real substantial spending cuts on the other side. so -- >> don't cave. compromise. as you said. >> don't cave, compromise. >> congressmen kris van hollen and tom cole. >> we appreciate it. >> good luck. i hope you get it done. you're going to get it done. david gregory, thank you as well. >> thank you, david. >> you bet. >>> coming up, senator claire mccaskill will be here, my favorite senator. >> the luckiest senator, in fact, this past year. >> oh, cokie rober
that's how it worked in the clinton years. that's how every deal we've gotten with the president has worked. that's how this deal will work. >> you're not going to get a majority of the majority unless there's significant cuts. the president needs to understand john boehner is the best -- the best negotiating partner he's going to ever have. and he's got to also understand conservatives, you know, i've been talking about republicans improving their brand, being more cooperative. i...
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the hillary clinton for press pass. perhaps they could reissue these if she decides to run again in 2016. >> she was the favorite then, she lost out to a relative i unknown junior senator from illinois. we'll see what happens the next time around. >> if she runs. >> that shows you how unpredictable these things could be. even though she would be the favorite. you never know what might happen. >> i think if she writes a book, does a few speeches, enjoys herself a little bit, i think she will say i'd like to be the first woman president. >>> security is being tightened at the hospital where katherine is being treated for acute morning sickness after her privacy was invaded by a prank call from australia. i'm joined now by cnn's royal correspondent max foster. >> it's extraordinary. it's very simple. a couple radio presenters from australia, jokers on a comedy show, rang up the hospital, pretended to be the queen and prince charles and asked to be put through to the ward. just have a listen to the accents here, they're not
the hillary clinton for press pass. perhaps they could reissue these if she decides to run again in 2016. >> she was the favorite then, she lost out to a relative i unknown junior senator from illinois. we'll see what happens the next time around. >> if she runs. >> that shows you how unpredictable these things could be. even though she would be the favorite. you never know what might happen. >> i think if she writes a book, does a few speeches, enjoys herself a little...
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, chris cizilla indicates strong support for hillary clinton. she has really i guess she's the most popular figure in american politics. >> she is at her highest popularity rating that we have ever in "the washington post"/abc poll measured her and almost six in ten, 57% of americans, this isn't democrats, this is the american public broadly, want her to run for president in 2016. now, i would say, if she becomes a candidate, i think -- inevitably she'll be seen much more in that partisan atmosphere, some of her stratospheric numbers will drop down. i would say she has been skeptical very skeptical of running. if you look at these numbers if you have any interest of being the president of the united states this may be a hard race to say no to. >> i think the rest of the political world knows what is likely to happen. chris cizilla, thank you very much. susan page, always great to see you. >> coming up the fiscal fight continuing. he split with his party on taxes. what is republican tomb cole saying now? first as john boehner look lights the capi
, chris cizilla indicates strong support for hillary clinton. she has really i guess she's the most popular figure in american politics. >> she is at her highest popularity rating that we have ever in "the washington post"/abc poll measured her and almost six in ten, 57% of americans, this isn't democrats, this is the american public broadly, want her to run for president in 2016. now, i would say, if she becomes a candidate, i think -- inevitably she'll be seen much more in...
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he loves the bill clinton era, how about returning to bill clinton era spending in proportion? >> wouldn't that be nice? how about return to the bill clinton era on capital gains rates? it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to the economy. it's weak now, you raise taxes a little bit more, what happens to the economy? >> steve: so many people have been forecasting that the president does raise rates, couple of years ago, he said during a recession, that's the worst time to jack up rates. now we're not technically in a recession, but we're in a very soft edge. >> watch out, steve, 'cause here it comes, a little bit more. >> steve: thank you
he loves the bill clinton era, how about returning to bill clinton era spending in proportion? >> wouldn't that be nice? how about return to the bill clinton era on capital gains rates? it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful...
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. >>> earlier today secretary of state hillary clinton said farewell to nato allies during a visit to brussels. as she contemplates the future, she may well be encouraged by a new washington post poll. asked if they would vote for her if she ran for president in 2016, 57% said yes while 37% said no. joining us is our white house correspondent kristen welker. we found out the editor of "the new yorker" said hillary clinton would run in 2016 and dustin hoffman would support her if she ran but what chatter are you hearing around the white house about that? >> reporter: democratic sources tell me the secretary of state just hasn't decided yet. she's still in the process of mulling over this decision. having said that, they also tell me that the political operation is doing what they need to do to preserve the right to run if that's what she decides to do in 2016. that's playing out behind the scenes. publicly we've seen this unfold for quite some time. her president, former president bill clinton, was president obama's key surrogate during this election cycle, setting the stage for presid
. >>> earlier today secretary of state hillary clinton said farewell to nato allies during a visit to brussels. as she contemplates the future, she may well be encouraged by a new washington post poll. asked if they would vote for her if she ran for president in 2016, 57% said yes while 37% said no. joining us is our white house correspondent kristen welker. we found out the editor of "the new yorker" said hillary clinton would run in 2016 and dustin hoffman would support her...
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going back to the clinton tax rate, the wealth of the average american families taking a terrific head meetinghouse clothing come four years ago when the president was about to do $4000 a year. this portion which is most of us has gotten squeezed preacher meant to say. i don't think adding extra taxes on 90% will number one be very helpful to them for helpful to the economic growth and number two, how much do you want folks to bear? again, freezing those tax rates for the overwhelming majority of americans is a smart thing to do. both sides say they want to. the fight was start the next day. i think we could do what i'm talking about the negotiations underway right now could continue and they should. again, doing what i'm talking about doesn't violate what either side is fighting over. they both say this is something we want to do. again, make sure we don't have some last-minute failure at the end of december. >> host: what gives you confidence democrats up later on agreed to extending tax cuts for the wealthiest americans? >> guest: this is where i disagree with republicans. the ameri
going back to the clinton tax rate, the wealth of the average american families taking a terrific head meetinghouse clothing come four years ago when the president was about to do $4000 a year. this portion which is most of us has gotten squeezed preacher meant to say. i don't think adding extra taxes on 90% will number one be very helpful to them for helpful to the economic growth and number two, how much do you want folks to bear? again, freezing those tax rates for the overwhelming majority...
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who was really doing badly during the clinton years? all right. >> the problem is that kind of tax structure makes it so that -- again, part of it is taking capital gains -- the dividend income back up to a normal income. that's the biggest leap for them. that's the one they're freaked out about. when you do that, it makes you less -- likely to take your money out of the investment system and just spend it or put it someplace else and it keeps it in the system. keeps american businesses flowing. keeps you invested. that investment in and of itself is good for the economy. it is the extraction over the last decade that's actually really harmful where people are skimming the short-term -- like shorting airlines or something. [ ♪ "world news tonight" ♪ ] >> stephanie: i'm confused. i thought yesterday we had a -- california was banning gay repairtive therapy which is dangerous. two federal judges have arrived at opposite conclusions on whether the state's first of its kind law prohibiting therapist from changing them violates the const
who was really doing badly during the clinton years? all right. >> the problem is that kind of tax structure makes it so that -- again, part of it is taking capital gains -- the dividend income back up to a normal income. that's the biggest leap for them. that's the one they're freaked out about. when you do that, it makes you less -- likely to take your money out of the investment system and just spend it or put it someplace else and it keeps it in the system. keeps american businesses...
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a warning that secretary clinton repeated at nato again today. >> our concerns that are increasingly desperate assad regime might turn to chemical weapons. or might lose control of them to one of the many groups that are now operating within syria. >> reporter: now officials say they believe that those warnings did work so far. they are concerned, though, about the rising influential extremist groups. so the state department is preparing to decision nature one group because of the close ties to al-qaeda in iraq. still, secretary clinton announced they will take a big step, recognizing the main opposition group as the sole legitimate representative of the syrian people, even as they tighten the noose on assad. >>> andrea, thank you, while we wish we had better news to report, with that in mind, the situation in egypt, the violence, the president fleeing the palace looks very familiar. the president today tried to urge the egyptians to settle their differences peacefully. our chief correspondent richard engel saw it firsthand, standing by in cairo tonight, good evening, richard. >> rep
a warning that secretary clinton repeated at nato again today. >> our concerns that are increasingly desperate assad regime might turn to chemical weapons. or might lose control of them to one of the many groups that are now operating within syria. >> reporter: now officials say they believe that those warnings did work so far. they are concerned, though, about the rising influential extremist groups. so the state department is preparing to decision nature one group because of the...
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tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again in a bigger package, but i agree with you. i think we have to get serious about these spending cuts. i just applied for social security and i want mine. >> all right. rich, appreciate it. eric, thanks. let us know what you think. follow me on twitter. i'm tweeting tonight. >>> just ahead, 21 months after bashir al assad began killing his own people, the fighting is raging in syria. the rest of the world may finally be convinced things are critical there. senator john mccain is asking what took so long. more from him ahead. music is a universal language. but when i was in an accident.
tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again in a bigger...
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hillary clinton. aç new abc news/washington pos poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of theon she's done as secretary of state for this country. i'm done! "are you a cool mom?" i'm gonna find out. [ female announcer ] swiffer wetjet's pads are better than ever. now they have the scrubbing power of mr. clean magic eraser so you don't have to get down on your hands and knees to scrub away tough, dried-on stains. hey, do you guys think i'm "momtacular" or "momtrocious"? ♪ [ female announcer ] swiffer. now with the scrubbing power of mr. clean magic eraser. >>> welcome back to "hardball." we know now that mitt romney blames his loss on obama's gifts. i should put the quote marks around that. the much maligned 47% came out in force. last night paul ryan distanced himself from his running mate's remarks. take a look. >> both parties tend to divide americans into our voters and their voters. let's be really clear. republicans must steer far clear of th
hillary clinton. aç new abc news/washington pos poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of theon she's done as secretary of state for this country. i'm done! "are you a cool mom?" i'm gonna find out. [ female announcer ] swiffer wetjet's pads are better than ever. now they have the scrubbing power of mr. clean magic eraser so you don't have to get down on your...
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. >> secretary of state clinton says nato's decision missiles to turkey sends a clear message that tour ski is backed by its allies. the big concern remains an increasely desperate assad regime will turn to chemical weapons as rebel fighting rages on. the u.s. and its partners are looking to apply additional pressure on at a conference next week. the regime insists they would not use weapons against its people. >> a natural gas tanker arrived in japan today becoming the first vessel to successfully test a new trade route through arctic waters. it opened up due to shrinking ice. it shaved nearly three weeks of its time. in september researchers of nasa announced the coverage retreated to its lowest level since recoffereds began in 1979. the route is open four months of the year. >> put down the cell phone and the sandwich if you are in south dakota. they report that there is a top new ban on distracted banning. it makes texting while drivers is a primary offense but you can get that ticket if you are eating, rearding the paper, or putting on make-up while driving. >> would you pay for co
. >> secretary of state clinton says nato's decision missiles to turkey sends a clear message that tour ski is backed by its allies. the big concern remains an increasely desperate assad regime will turn to chemical weapons as rebel fighting rages on. the u.s. and its partners are looking to apply additional pressure on at a conference next week. the regime insists they would not use weapons against its people. >> a natural gas tanker arrived in japan today becoming the first vessel...
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gregg: that is secretary of state hillary clinton earlier today. she also added that she is not only worried that president bashar al-assad of syria may turn to chemical weapons, but his regime may actually lose control of them to one of the many groups out there now operating inside syria, joining us to talk about it, ambassador john bolton, former am boss tkoer to the united nations and a fox news krerbt. good to see you. how worrisome is this? >> i think it's very worrisome. not only the risk that bashar al-assad will use them but as secretary clinton said now for the first time the risk that terrorist groups among the opposition could get their hands-on these chemical weapons and either use them in syria or take them out of the country for use somewhere else. this war has been going on for two years, this internal civil war. we've known about syria's chemical weapons capability for 20 years, it's a little bit late in the game to be concerned about it, but better later than never. gregg: you were telling me during the commercial break that there
gregg: that is secretary of state hillary clinton earlier today. she also added that she is not only worried that president bashar al-assad of syria may turn to chemical weapons, but his regime may actually lose control of them to one of the many groups out there now operating inside syria, joining us to talk about it, ambassador john bolton, former am boss tkoer to the united nations and a fox news krerbt. good to see you. how worrisome is this? >> i think it's very worrisome. not only...
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restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need, and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates if they should go up some, but do they need to go back where they were? i do not know. lots of ways to increase taxes on rich people, and it may be that a hybrid of marginal tax increases and the kind of base- broadening, loophole closing, expenditure closing that simpson-bowles proposed should be part of the mix. raising marginal rates does not guarantee you will get your intended target. very rich people depend more on investment income than on their labor income. if you want to get them -- and this is where mitt romney was able to pay a 14% tax rate on earnings of $14 million -- so if you are trying to get the super-
restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need, and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates if they should go up some, but do they need to go back where they...
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but clinton may have other plans. she hasy peated -- has repeatedly said she plans to retire to private life, once her successor is confirmed by the u.s. senate. >>> still no signs of progress between republicans and democrats as the year-end deadline to avoid tax hikes and spending cuts inches closer. no face-to-face talks are scheduled at this time. but as danielle nottingham reports, president obama is continuing his push to sell to the american public. >> reporter: house members left the capitol in the middle of the fiscal fight. they're not due back until next week. but house speaker john boehner is staying behind, ready to sit down with the president. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican propoise -- proposal because it does not raise taxes on households making more than $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues we're putting on the table are going to come from, guess who? the ric
but clinton may have other plans. she hasy peated -- has repeatedly said she plans to retire to private life, once her successor is confirmed by the u.s. senate. >>> still no signs of progress between republicans and democrats as the year-end deadline to avoid tax hikes and spending cuts inches closer. no face-to-face talks are scheduled at this time. but as danielle nottingham reports, president obama is continuing his push to sell to the american public. >> reporter: house...
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senator john kerry, kerry is also being mentioned as a possible successor to secretary of state hillary clinton if president obama doesn't pick u.n. ambassador susan rice. >>> elsewhere, president obama has drawn a hard line on tax increases for the wealthiest of americans. rejecting an offer that republicans claim is as good as it's going to get. tracie potts joins us with the latest on this. good morning. >> reporter: right now it's looking more likely that we could, could, go over that fiscal cliff at the end of the month because right now, negotiations here are at a stand still. president obama talks to the business round table today after telling bloomberg he absolutely won't bunch. the wealthiest americans must pay more. >> we're not going to be able to get a deal without it. >> reporter: he may be in a good position to wait it out. a new poll found more half of americans will blame republicans if we go over the fiscal cliff. >> republicans do not want to touch one hair on the head of one person making over $250,000. that is the rub. >> they've got to come with some specific revenue. they
senator john kerry, kerry is also being mentioned as a possible successor to secretary of state hillary clinton if president obama doesn't pick u.n. ambassador susan rice. >>> elsewhere, president obama has drawn a hard line on tax increases for the wealthiest of americans. rejecting an offer that republicans claim is as good as it's going to get. tracie potts joins us with the latest on this. good morning. >> reporter: right now it's looking more likely that we could, could, go...
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secretary clinton you mentioned her, will that happen or not? >> she has said she will testify but only after the internal report investigation is done. i think she should testify immediately. but we have not heard her testimony yet and i think that's got to be a priority. when it comes to those witnesses, there were witnesses there. they were interviewed by the fbi. those interview reports have obviously not been made public, first of all, but also my last understanding is that the intelligence committee was still waiting to receive some of those reports. bill: why would they not share that with you? its that a risk. >> i think if they could be shared with me in a classified setting, i review information in the classified setting all the time and obviously have to protect that information. but most importantly last time the intelligence committee was still looking for that information. bill: so secretary clinton you believe will testify at some point? >> she absolutely has to testify. let's not forget in the mids t-frbgs thst of the election sh
secretary clinton you mentioned her, will that happen or not? >> she has said she will testify but only after the internal report investigation is done. i think she should testify immediately. but we have not heard her testimony yet and i think that's got to be a priority. when it comes to those witnesses, there were witnesses there. they were interviewed by the fbi. those interview reports have obviously not been made public, first of all, but also my last understanding is that the...
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a return to that, what we saw during the clinton years. what will that do to the economy? >> it will hurt, but it is necessary. let me make a few points. first, i think tax reform is obviously better than raising tax rates. raising the top marginal tax rate is less desirable than try to scale back reductions in the tax code. i think there are some reasonable approaches to tax reform. working for the day, going to the code to decide what is good and what is bad. given that is not going to be the case, i think a proposal like maya's or even the president's is reasonable, and there is a lot of agreement for tax reform. i think it is $600 billion from the president. i think there is room here for compromise. the second that i will say is that this tax reform will not generate enough revenue. $4 trillion. by my calculation, we do not need $4 trillion, but it is a bigger number than just tax reform will be able to generate, so in that context, we will have to let tax rates rise, and if we had to do that with an amount that would do the least economic damage, it would allow that
a return to that, what we saw during the clinton years. what will that do to the economy? >> it will hurt, but it is necessary. let me make a few points. first, i think tax reform is obviously better than raising tax rates. raising the top marginal tax rate is less desirable than try to scale back reductions in the tax code. i think there are some reasonable approaches to tax reform. working for the day, going to the code to decide what is good and what is bad. given that is not going to...
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margaret brennan is at the nato headquarters in brussels. >> reporter: hillary clinton just finished her last nato meeting as secretary of state. military alliance decided not to intervene in syria to stop the killing that has taken the lives of nearly 40,000 people. they are sending patriot missiles to turkey, to create a shield to protect against potential chemical weapons attack. >> we've made our views absolutely clear to the syrians, to the international community through various channels, public, private, direct, indirect that this is a situation that the entire international community is united on. >> reporter: secretary clinton said the missile shield will only be used for defensive purposes. nato did not discuss a no fly zone or safe haven to protect syrians. for "cbs this morning," margaret brennan, nato headquarters, brussels. >>> in an interview on tuesday, i asked former defense secretary robert gates about the worsening situation in syria and the possibility of the government using chemical weapons against the rebels. >> what should we do in syria if they attempt to mov
margaret brennan is at the nato headquarters in brussels. >> reporter: hillary clinton just finished her last nato meeting as secretary of state. military alliance decided not to intervene in syria to stop the killing that has taken the lives of nearly 40,000 people. they are sending patriot missiles to turkey, to create a shield to protect against potential chemical weapons attack. >> we've made our views absolutely clear to the syrians, to the international community through...
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not very long ago that was a wedge issue bob dole was using against bill clinton. i think we've made progress in other areas. clearly environmentally. we have deniers of global warming. but we're reducing the amount of oil we import and use. there's progress in that regard. on the other hand, there's been some retrogregs in the recognition of two of the great accomplishments of america in the 20th century with social security and medicare. before those two, we didn't have the possibility for the average old person who wasn't wealthy to have a decent existence in retirement. we now that v that and i'm sorry to see that pulled back. there's also an international event. we have to recognize this. from 1940 to 1990, we had very heavily-armed, bad people threatening our existence as a society. we don't have that anymore. we have the thugs. they are not the communists. they don't threaten our very existence. we have an ability now, i believe, to reduce some of the resources and do more things at home. although there's an ideological barrier. >> i know you love the congre
not very long ago that was a wedge issue bob dole was using against bill clinton. i think we've made progress in other areas. clearly environmentally. we have deniers of global warming. but we're reducing the amount of oil we import and use. there's progress in that regard. on the other hand, there's been some retrogregs in the recognition of two of the great accomplishments of america in the 20th century with social security and medicare. before those two, we didn't have the possibility for...
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. >>> president hillary clinton? i say that because the majority of new yorkers want to hear that in four years. three-quarters of those asked have a favorable view of the secretary of state, who was once a senator from new york. former first lady said that running for political office is not in her future. >>> a big win for netflix. internet movie provider inks a deal to become the exclusive television provider for disney's new releases, including titles from studios like pixar and marvel. the deal could cost netflix $300 million a year. the deal won't send films your way until 2016. >>> and days of rain across the west coast are taking a toll in western washington state. the national weather service says there's a risk of landslides, like that one, in everett. the ground could also slide in seattle, tacoma and bremerton. one year, 365 days. that's how long american scott kelley and a russian will spend on the sbrshl space station. his trip will be the longest by an american on a single mission. john zarrella joins
. >>> president hillary clinton? i say that because the majority of new yorkers want to hear that in four years. three-quarters of those asked have a favorable view of the secretary of state, who was once a senator from new york. former first lady said that running for political office is not in her future. >>> a big win for netflix. internet movie provider inks a deal to become the exclusive television provider for disney's new releases, including titles from studios like...
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hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al qaeda, which is becoming a growing force there. in any event, the concern about chemical weapons is vast. we will have one with the united states is now doing about the situation with general jack keane coming up in a bed. on capitol hill, national intelligence director james clapper just got done freaking house members on the deadly terror attack against our consulate and then got become libya. fox news has learned that mr. james clapper show them a timeline of the attack. you can see demonstrators reaching across and they began to loot and set fires. some of the demonstrators are seen armed, and there's a portion of the video showing the attackers running into the compound. we will have much more on what they learned on capitol hill in benghazi in the next hour. growing privacy concer
hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al qaeda, which is becoming a growing force there. in any event, the concern about chemical weapons is vast. we will have one with the united states is now doing about the situation with general jack keane coming up in a bed. on capitol hill, national intelligence...
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we had higher tax rates under clinton and then lower tax rates under bush. these are policies we have passed in this country that have led to this. it has primarily been under republican leadership. if it does not mean democrats don't have some responsibility. host: peter welch is our guest until the top of the hour. the democrat from vermont, the chief deputy whip for the house leadership on the democratic side. we're talking about the so called "fiscal cliff" and our cameras have been covering all the events here in washington as both sides tried to negotiate their argument with. if you go to our web site, c- span.org, we have a special web pages at a side on the fiscal cliff and you can also send in your tweets. we will go to payton next in london, kentucky, a democrat. caller: thank you. i am one of the original baby boomers. i live in one of the poorest areas in the country, which is also heavily republican area of the country. i have always felt [indiscernible]. host: we are losing you. caller: this constant living curtailment from the republicans is a
we had higher tax rates under clinton and then lower tax rates under bush. these are policies we have passed in this country that have led to this. it has primarily been under republican leadership. if it does not mean democrats don't have some responsibility. host: peter welch is our guest until the top of the hour. the democrat from vermont, the chief deputy whip for the house leadership on the democratic side. we're talking about the so called "fiscal cliff" and our cameras have...